INVESCO DYNAMIC NETWORKING E (PXQ) Stock Technical Analysis
USA - NYSEARCA:PXQ - US46137V6882 - ETF
77.7192 USD
+0.98 (+1.28%)
Overall PXQ gets a technical rating of 4 out of 10. PXQ has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
In the last month PXQ has a been trading in the 76.21 - 82.04 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: PXQ has an average volume of 1212 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When compared to the yearly performance of all other stocks, PXQ outperforms 49% of them, which is more or less in line with the market.
PXQ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PXQ is lagging the market.
Volume is considerably higher in the last couple of days.
PXQ has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
67.47
82.86
4 important support areas can be observed.
- A support zone ranging from 75.90 to 77.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @72.83 from a trend line in the weekly time frame.
- Support @69.98 from a horizontal line in the weekly time frame.
- A support zone ranging from 68.15 to 68.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 78.06 to 79.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 81.51 to 82.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PXQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PXQ is neutral. |
| ChartMill Relative Strength | 49.83 | NEUTRAL | PXQ is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PXQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PXQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PXQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.12 | NEUTRAL | The RSI value for PXQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests PXQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 59.28 | NEUTRAL | The Stochastics value for PXQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.1 | LOW VOLATILITY | The low ATR as a percentage value for PXQ suggests low volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for PXQ suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:PXQ (8/25/2023, 8:22:21 PM)
77.7192
+0.98 (+1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.28%
1 Week1.81%
2 Weeks-0.56%
1 Month-2.62%
3 Month2.39%
6 Month6.6%
12 Month-1.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.7
ATR(20)%1.1%
ATR Inc96.94%
Range Today1.1
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.83
Mansfield-0.37
10 Day High78.55
10 Day Low76.21
20 Day High82.04
20 Day Low76.21
52 Week High82.04
52 Week Low68.15
CS1 End77.5
CR1 Start78.06
Volume & EV
DER(3)0%
DER(5)0%
Volume11.20K
Volume Incr169.81%
Vol(5)2.86K
Vol(50)1.21K